Getting Ready for REG + Finding the Value in MCQs
Megan is a weekly Another71 Facebook blogger as she documents her journey through the CPA Exam.
This week, it will be extra challenging to stay on target with my study plan for REG. Im moving to a new place this weekend, and Im so excited for the new beginning that all I want to do is pack!! I wont lie; I packed for an hour and a half last night when I should have been studying.
Isnt it a shame when you find yourself doing something productive and necessary yet you still feel like youre procrastinating!? The good news is, I made sure to devote some time to studying last night as well.
There is something Ive noticed lately that I thought would be a great topic of discussion: multiple choice questions seem to be the worst part of studying for me and many others, yet they are a valuable piece of CPA exam success. It just feels like the questions slow me down compared to the fun lectures of my Roger CPA Review course.
I know people who take the MCQ quizzes and have a tendency to be disheartened when they dont receive a good score on those quizzes. I also see other people watching several lectures before doing ALL the MCQs. Personally, neither of these approaches would be effective ways of studying for me. In fact, I think Id find them just as daunting and de-motivating!
I think there is a better way to look at the MCQs. They provide a means of reinforcement of the material and essential repetition. They frequently bring me better understanding of the concepts through application of examples. They also prepare your mind for the complex, purposely confusing wording found on the CPA exams.
As for my method of covering MCQs, I follow the recommended suggestion of Roger CPA Review. After watching the lecture on a topic and re-reading the notes, I will do the MCQ homework assigned one by one, making sure to read each answer immediately following the question.
This method serves to break up the monotony of doing hundreds of practice questions at the end of several sections. It also serves to give you practice immediately following the instruction to help solidify the material before you forget what you were taught.
Finally, once Ive finished the review course, I find it helpful to use the software included to review MCQs and simulations in a random order to see identify my weaknesses and strengths. I would never forgo doing MCQs throughout the course to only work through them at the end. It just would not work for me!
The important point I want to make here is that MCQs are very valuable! Sure, they can sometimes feel like a drag, and they have the potential to remind us how much we have yet to learn. On the other hand, I truly believe that working through MCQs will contribute to our success. Stay motivated. Have a good week!
Making Sacrifices + Intensive FAR Review Course
Kim is a weekly Another71 Facebook blogger as she documents her journey through the CPA Exam.
Hello to you all and hope that your wintertime CPA studies are going well!
I attended the FAR intensive review course in Houston this weekend, and it was excellent. Of course, it was fast-paced and every minute of the 18 hours of class time was utilized to maximize our learning.
One of the best parts of attending these courses is the people that you meet. The only other female in the class and I became fast friends.
She commented before the course began that she was considering moving her test date up from the middle of February to one day this week since this course would be fresh on her mind.
After the first day was over, we both were reminded again about just how much material there is in FAR and to be honest we were overwhelmed. Before class started on Sunday morning, she said that she definitely would not be moving her test date up and actually might move it back.
I sat next to a very bright new college graduate who had travelled from Nevada to attend the course. His father had been a student of the course instructor 30 years ago at the university where he teaches. It was great to be in close proximity to young energy and I think hes going to do very well on the exams.
During the long weekend, I was really reminded of the sacrifices that our families make while we are on our CPA journeys. My female classmate shared how hard it was to tell her three year old daughter that she couldnt play with her because she had to study.
Our class ended at 6:00 p.m. each day and at around 5:45 on the first day, there were at least five of us in the class whose phones started vibrating. Our families had waited long enough and needed to talk to us.
On the morning of the second day, I got a text from my husband that my father-in-law had taken a fall. While my husband is perfectly capable of taking care of situations like this, it was still challenging to put it out of my mind but I knew I had to.
Well before I had arrived at the Houston airport on Sunday evening, my daughter and mother were letting me know that the weather was bad in Tennessee. Fortunately, the flight itself was smooth. It was funny because I had envisioned sleeping for the whole flight, but was blessed with the most talkative seat buddy Ive ever had on an airplane flight!
Driving conditions were a little different though. At one point during the two hour drive home, it was raining and hailing so hard that I had to search for a place to pull over. Just another small reminder of the challenges we all face in this CPA journey.
Finally, as I climbed into my bed at 1:00 that morning, I reminded myself that it will all be worth it. It will for me, and it will for all of you too! And isnt it fun to think about what well do with our time when we are free again?
The hobby that I think I miss the most is cooking. Ive decided that when I finally get my last passing grade, that Im going to take a couple of days off work and stay home and do nothing but cook! Im going to cook appetizers, entrées, lots of desserts, and whatever else my heart desires. And Im going to keep a glass of wine nearby to enjoy while Im doing it. I absolutely cant wait!
Renewed Spirit + Ready to Attack Audit
Shuchi is a weekly Club 75 Blogger as she documents her journey through the CPA Exam. She has been a member of Another71.com’s Club 75 since April 2010.
Hello everyone! I hope all my fellow future CPAs have started their new year off with the same attitude that I have: 2012 is the year I am going to be a CPA!
The journey toward this prestigious title as many of us share is tough, but after finally conquering my nemesis BEC, I feel like nothing can stop me now.
Even though the process of studying and earning the BEC credit cost me my REG credit and landed me in the ER with a herniated disk – my own fault for studying for almost six to seven hours on a backless stool – I am determined not to lose this BEC credit.
I feel as if my next challenge is FAR. I sat for it twice previously and came shy a few points. The SIMS are my weak areas. I took FAR again in January but struggled with the SIMS again. So now I wait for a miracle, but time is of essence right now so I am changing gears and getting ready to face AUDIT in February.
I have sat for Audit before and failed by five points. Compared to the other sections, I dont feel that the material for audit is as hard to understand, but the challenge lies in staying awake during the lectures. So when I sat down and started watching Roger CPA Review, I was pleasantly surprised. I found myself not only engaged and listening attentively but felt secretly jealous of all the energy he emits.
I also liked the fact that when he moved on to the next chapter, her spent a few minutes reviewing the previous chapter. I think this is extremely helpful and refreshes ones memory before trying to understand the next topic. Overall, watching the lectures wasnt as torturous as I had imagined, and now I am moving on to the homework.
Keep working hard, dont give up, and keep repeating 2012 is the year I will be a CPA!
FAR Study: Focusing on Fact Nuggets & Journal Entries
Bridget is a weekly Club 75 Blogger as she documents her journey through the CPA Exam. She has been a member of Club 75 since December 2010.
Working steadily throughout the week, I hoped to report that I had caught up on my plan. Not even close. Leaving enough time for a thorough review is a must for me in order pass FAR. I need to finish all MCQ’s and complete my note rewrite by the end of the first week of February.
Considering that I still need to finish all the lectures, my February goal may be wishful thinking. But I refuse to let that possibility get in the way and distract me from my studies, at least I am giving it a good try.
For me, anxious studying means little or no focus or retention, so I strive to not let my head get in the way. I fight that battle on a frequent basis.
One thing I do appreciate about lectures in Roger CPA Review is that he constantly focuses on the big picture and how all the concepts fit together. Roger‘s reminders and analysis help me immensely because I tend to get lost in the details.
In turn, I try to find my way out of the quagmire by memorizing the details, but the amount of information to process like that makes memorizing everything impossible and panic sets in. The program as whole seems cohesive and comprehensive, but whether that assessment will translate into decent MCQ scores remains to be seen.
To help with all the journal entries, I started a legal pad noting just the journal entries needed for each concept. Last time, I wasted a great amount of time trying to find the entries I needed in my notes, and a separate listing of J/Es is my fix. I hope the time I put in the front end, with a more efficient organization of my materials, pays off during my review.
I set as a goal Jeff’s idea of gathering a good set of “fact nugget” notes for review, instead of pads and pads of jargon. The trick will be to finish the notes in time to use them. To that end, I need to get back to all those cash flow journal entries. Study well, everyone!